ESPN.com · Aug 7, 2020
Mercedes unwilling to commit to F1 under current deal
Mercedes and Formula One are at loggerheads over the terms of the commercial deal which will bind the teams to the sport beyond the 2020 season.
F1 is negotiating a new deal, known as the Concorde Agreement, with its 10 teams, as the current agreement expires at the end of 2020. An August 12 deadline has been set for teams to sign the deal.
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McLaren and Ferrari have publicly confirmed their desire to sign the new agreement, something Wolff criticised last month.